Web3 Foundation Unveils 22nd Grant Round

The Web3 Foundation has announced the recipients of its 22nd round of grants, with the Decentralized Futures (DF) Program having allocated over $25 million in total funding. This latest round of grants supports a variety of innovative projects and developers.

The recipients include Dastanbek Samatov for the Substrate EVM Adapter, aimed at improving interoperability within the Substrate ecosystem. Tuguldur Baigalmaa for follow-up products related to XCM Tools, designed to enhance cross-chain communication.

Sporyon Technologies for Dotnix, a project focused on advancing the Dotnix platform for decentralized applications.C Forge for updates and improvements to Typechain Polkadot, which will enhance development tools and infrastructure for Polkadot. KodaDot for the AssetHub NFT Indexer (M2), which will improve the indexing and management of NFTs. 

Cyborg Network for initiatives that strengthen decentralized edge networks. Massa Labs for the development of a sub-consensus mechanism to enhance consensus protocols and scalability. 

These grants are designed to drive significant advancements in the Web3 ecosystem by supporting projects that enhance interoperability, scalability, and functionality. By funding these diverse initiatives, the Web3 Foundation continues to contribute to the growth and evolution of decentralized technologies, helping to shape the future of the decentralized web.

Each project funded in this round represents a critical component in the ongoing development of decentralized infrastructure, aiming to solve pressing challenges and unlock new opportunities within the Web3 space. The Web3 Foundation's commitment to supporting these innovative projects underscores its dedication to fostering a vibrant and resilient decentralized ecosystem.